Market Overview:
The global inductive charging market is expected to grow at a CAGR of 16.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for electric vehicles and consumer electronics. Additionally, the growing awareness about the benefits of inductive charging is also contributing to the growth of this market. The electro magnetic induction technology segment is expected to dominate the global inductive charging market during the forecast period. This segment accounted for a majority share of the global market in 2017 and is projected to maintain its dominance duringthe forecast period owingtoits high efficiency and low cost as compared with other technologies available in thismarketplace . This can be attributed tobethegrowing demand for smartphones, tablets, laptops, and other portable devices that require frequent charging.
Product Definition:
Inductive Charging is a technology that uses an electromagnetic field to transfer energy between two objects. It is often used in charging pads for devices like cell phones and tablets. The importance of inductive charging lies in its ability to wirelessly charge devices without the need for any wires or connectors. This makes it a convenient option for charging multiple devices at once.
Electro Magnetic Induction Technology:
Electro Magnetic Induction (EMI) Technology is a safe and cost-effective technology for inductive charging. It uses electromagnetic induction to transfer energy from one device to another without any physical contact. The technology has been around for more than 100 years but only recently has it gained widespread acceptance among manufacturers of consumer electronics such as smartphones, tablets, and laptops.
Magnetic Field Coupling Technology:
Magnetic field coupling technology is used in the Inductive Charging market to transmit energy from one device to another without using any wires. It helps in charging devices wirelessly through a magnetic field. This technology has many advantages such as it does not use any power source and can be used anywhere, anytime; additionally, it is safe for use around high-voltage equipment and sensitive electronics products.
Application Insights:
The electric car segment is expected to emerge as the fastest-growing application segment over the forecast period owing to increasing government initiatives and support for promoting electric vehicles. For instance, in Norway, there is a grant of USD 7,000 available for consumers who buy an electric car. Similarly, in France, income tax credit up to USD 15,000 can be availed by consumers purchasing an all-electric vehicle. Such supportive measures are expected to drive demand for inductive charging stations from 2018 to 2030 thereby fueling growth of the market.
Consumer electronics accounted for a significant share in 2017 and are projected to expand at a CAGR of XX% over the next seven years due largelyto growing adoptionof smartphones which require frequent battery replacements.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing adoption of electric vehicles and growing demand for electronic devices. Increasing disposable income coupled with rising penetration of major global players in this region will continue driving the market during the forecast period. Europe accounted for a significant share in 2016 owing to high acceptance of advanced technologies across countries such as Germany, U.K.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This will lead to an increase in the demand for inductive charging systems, as they are ideal for charging such vehicles.
- Proliferation of wireless devices: With the proliferation of wireless devices such as smartphones and tablets, there is an increasing demand for inductive chargers that can wirelessly charge these devices. This is driving the growth of the inductive charging market.
- Development of new applications: The induction charging technology has a wide range of applications, including automotive, medical, military and consumer electronics sectors. This is leading to increased investments in research and development activities related to this technology, thereby driving its growth prospects further.
Scope Of The Report
Report Attributes
Report Details
Report Title
Inductive Charging Market Research Report
By Type
Electro Magnetic Induction Technology, Magnetic Field Coupling Technology
By Application
Consumer Electronics, Electric Car, Others
By Companies
DAIHEN, HEADS Co.,Ltd ., Omron Automotive Electronics (Nidec), IPT Technology GmbH, WÄRTSILÄ, Bombardier, DAIFUFUKU, PANASONIC, B& PLUS, ABB, WAVE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Inductive Charging Market Report Segments:
The global Inductive Charging market is segmented on the basis of:
Types
Electro Magnetic Induction Technology, Magnetic Field Coupling Technology
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronics, Electric Car, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DAIHEN
- HEADS Co.,Ltd .
- Omron Automotive Electronics (Nidec)
- IPT Technology GmbH
- WÄRTSILÄ
- Bombardier
- DAIFUFUKU
- PANASONIC
- B& PLUS
- ABB
- WAVE
Highlights of The Inductive Charging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electro Magnetic Induction Technology
- Magnetic Field Coupling Technology
- By Application:
- Consumer Electronics
- Electric Car
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Inductive Charging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Inductive charging is a technology that uses an electromagnetic field to transfer energy from one object to another. The first object, called the charger, emits an electromagnetic field that can interact with the second object, called the battery. This interaction causes electrons in the battery to be transferred from one atom to another.
Some of the major players in the inductive charging market are DAIHEN, HEADS Co.,Ltd ., Omron Automotive Electronics (Nidec), IPT Technology GmbH, W„RTSIL„, Bombardier, DAIFUFUKU, PANASONIC, B& PLUS, ABB, WAVE.
The inductive charging market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Inductive Charging Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Inductive Charging Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Inductive Charging Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Inductive Charging Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Inductive Charging Market Size & Forecast, 2018-2028 4.5.1 Inductive Charging Market Size and Y-o-Y Growth 4.5.2 Inductive Charging Market Absolute $ Opportunity
Chapter 5 Global Inductive Charging Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Inductive Charging Market Size Forecast by Type
5.2.1 Electro Magnetic Induction Technology
5.2.2 Magnetic Field Coupling Technology
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Inductive Charging Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Inductive Charging Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Electric Car
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Inductive Charging Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Inductive Charging Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Inductive Charging Analysis and Forecast
9.1 Introduction
9.2 North America Inductive Charging Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Inductive Charging Market Size Forecast by Type
9.6.1 Electro Magnetic Induction Technology
9.6.2 Magnetic Field Coupling Technology
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Inductive Charging Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Electric Car
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Inductive Charging Analysis and Forecast
10.1 Introduction
10.2 Europe Inductive Charging Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Inductive Charging Market Size Forecast by Type
10.6.1 Electro Magnetic Induction Technology
10.6.2 Magnetic Field Coupling Technology
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Inductive Charging Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Electric Car
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Inductive Charging Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Inductive Charging Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Inductive Charging Market Size Forecast by Type
11.6.1 Electro Magnetic Induction Technology
11.6.2 Magnetic Field Coupling Technology
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Inductive Charging Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Electric Car
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Inductive Charging Analysis and Forecast
12.1 Introduction
12.2 Latin America Inductive Charging Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Inductive Charging Market Size Forecast by Type
12.6.1 Electro Magnetic Induction Technology
12.6.2 Magnetic Field Coupling Technology
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Inductive Charging Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Electric Car
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Inductive Charging Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Inductive Charging Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Inductive Charging Market Size Forecast by Type
13.6.1 Electro Magnetic Induction Technology
13.6.2 Magnetic Field Coupling Technology
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Inductive Charging Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Electric Car
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Inductive Charging Market: Competitive Dashboard
14.2 Global Inductive Charging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DAIHEN
14.3.2 HEADS Co.,Ltd .
14.3.3 Omron Automotive Electronics (Nidec)
14.3.4 IPT Technology GmbH
14.3.5 WÄRTSILÄ
14.3.6 Bombardier
14.3.7 DAIFUFUKU
14.3.8 PANASONIC
14.3.9 B& PLUS
14.3.10 ABB
14.3.11 WAVE